News/Business (Page 17)

Business With the two-month GST holiday wrapping on Saturday, shoppers and small businesses across Canada have weighed in on whether the tax break made a meaningful difference — and the results are mixed. Many Canadians say they didn’t notice a big difference in savings or spending habits Jenna Benchetrit · CBCContinue Reading

Business Igloo is recalling more than 1 million of its coolers sold across Canada, the U.S. and Mexico due to a handle hazard that has resulted in a handful of fingertip injuries, including some amputations. 12 injury reports in the U.S., no known injuries in Canada or MexicoThe Associated PressContinue Reading

Business Japanese automakers Honda, Nissan and Mitsubishi said Thursday they are ending talks on business integration. Talks shifted from integrating to Nissan becoming subsidiary of HondaThe Associated Press · Posted: Feb 13, 2025 8:38 AM EST | Last Updated: February 13 The Honda and Nissan logos are pictured side byContinue Reading

More than 60 nations gathered in Paris this week for an AI summit that was meant to bring world powers together to set a global agenda on the rapidly developing technology. Instead, it showed that some are diverging sharply. Over the last several years, the European Union has pursued aggressiveContinue Reading

Alaa Tannous was pleased when the Canadian Transportation Agency (CTA) ordered Air Canada to pay him $2,079 for delayed luggage, following a flight he and wife, Nancy, took from Toronto to Vancouver in 2022.  “I felt it’s fair,” said Tannous, who had waited more than two years for the CTA’s decision.Continue Reading

Business The Bank of Canada’s governing council felt that a protracted trade conflict with the U.S. would permanently shrink the level of domestic GDP, the minutes of a policy decision meeting showed on Wednesday. Bank of Canada says constant threat of tariffs is clouding its economic forecastsThomson Reuters · Posted:Continue Reading

Business Bell Canada is offering severance packages to 1,200 unionized employees, attributing the move to “unprecedented challenges” in the telecom industry, a spokesperson confirmed to CBC News on Tuesday. Unifor president calls workforce reduction plans ‘a damaging stunt’ Jenna Benchetrit · CBC News · Posted: Feb 11, 2025 11:36 AMContinue Reading

Business Canadian businesses already feeling the effects of Trump’s steel, aluminum tariff orderCanadian steel and aluminum businesses are already feeling the consequences — and the déjà vu — of Donald Trump’s latest tariff promise, several years after he targeted the same industries with a punishing import tax. Owner of Toronto-based steelmaker saysContinue Reading

Business·Marketplace CBC’s Marketplace rounds up the consumer and health news you need from the week. Consumer and health news you need from the week Bobby Hristova · CBC News · Posted: Feb 09, 2025 8:00 AM EST | Last Updated: 2 hours ago An Old Navy location in the GreaterContinue Reading